Professional Issues


Women increasingly are attaining leadership positions in public accounting firms, and many more of them, as well as men, are taking advantage of the alternative career paths being offered by a growing number of firms. These are two of the findings of A Decade of Changes in the Accounting Profession: Workforce Trends and Human Capital Practices, a study commissioned by the AICPA Work/Life and Women’s Initiatives Executive Committee. To illustrate, not only are 19% of all firm partners female—up from 12% a decade ago—but once women become partners, there seem to be fewer barriers to their advancement to senior positions, such as audit or tax director or office managing partner. More than 2,600 CPAs employed in firms and in business and industry took part in the survey, which is the fourth the committee has funded since 1992. The survey is available under the Research tab at www.aicpa.org/worklife .

SPONSORED REPORT

Cybersecurity threats proliferating for midsize and smaller businesses

This report details how SMBs can properly protect private information from breaches, design and implement a cybersecurity policy, and create safeguards for training and education.

CHECKLIST

Being responsive to clients

CPAs and their firms have daily pressures and hectic schedules, but being responsive is crucial to client satisfaction. Leaders in the profession offer advice for CPA firms that want to be responsive to clients.

QUIZ

Test yourself on these often confused words

The spelling checker on your word processing program can do only so much to flag problems. Your best insurance is to learn the troublesome words that trip up writers and use them correctly by the standards of formal, written English.